McAlvany Wealth Management LLC Purchases 184,002 Shares of Vox Royalty Corp. $VOXR

McAlvany Wealth Management LLC grew its position in shares of Vox Royalty Corp. (NASDAQ:VOXR) by 33.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 733,415 shares of the company’s stock after purchasing an additional 184,002 shares during the period. Vox Royalty makes up 2.2% of McAlvany Wealth Management LLC’s portfolio, making the stock its 18th biggest holding. McAlvany Wealth Management LLC’s holdings in Vox Royalty were worth $3,513,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VOXR. Ashford Capital Management Inc. raised its position in shares of Vox Royalty by 23.3% in the fourth quarter. Ashford Capital Management Inc. now owns 3,152,370 shares of the company’s stock worth $14,942,000 after buying an additional 594,970 shares in the last quarter. U S Global Investors Inc. grew its position in Vox Royalty by 6.4% during the first quarter. U S Global Investors Inc. now owns 1,662,000 shares of the company’s stock worth $8,709,000 after buying an additional 100,000 shares in the last quarter. Geode Capital Management LLC grew its position in Vox Royalty by 36.7% during the fourth quarter. Geode Capital Management LLC now owns 733,661 shares of the company’s stock worth $3,478,000 after buying an additional 197,117 shares in the last quarter. Walleye Capital LLC increased its stake in Vox Royalty by 85.5% in the 4th quarter. Walleye Capital LLC now owns 691,536 shares of the company’s stock worth $3,278,000 after acquiring an additional 318,762 shares during the last quarter. Finally, Hodges Capital Management Inc. increased its stake in Vox Royalty by 15.3% in the 1st quarter. Hodges Capital Management Inc. now owns 609,600 shares of the company’s stock worth $3,194,000 after acquiring an additional 81,000 shares during the last quarter. Institutional investors own 45.95% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Weiss Ratings cut Vox Royalty from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, June 5th. BMO Capital Markets reissued an “outperform” rating on shares of Vox Royalty in a report on Friday, May 15th. Wall Street Zen upgraded shares of Vox Royalty from a “hold” rating to a “strong-buy” rating in a research report on Monday, May 18th. Roth Capital reaffirmed a “buy” rating and issued a $8.00 target price on shares of Vox Royalty in a research note on Monday, June 29th. Finally, Zacks Research upgraded shares of Vox Royalty from a “strong sell” rating to a “hold” rating in a research report on Monday, June 1st. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, Vox Royalty has an average rating of “Moderate Buy” and a consensus price target of $8.00.

Vox Royalty Trading Down 3.3%

VOXR opened at $4.14 on Friday. The stock has a market capitalization of $287.52 million, a P/E ratio of 9.86 and a beta of 0.50. The stock has a 50-day moving average price of $5.25 and a 200-day moving average price of $5.32. Vox Royalty Corp. has a 12-month low of $3.13 and a 12-month high of $6.70.

Vox Royalty (NASDAQ:VOXR) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.28. The company had revenue of $16.04 million for the quarter, compared to analysts’ expectations of $7.72 million. Vox Royalty had a return on equity of 8.16% and a net margin of 190.73%. On average, equities research analysts predict that Vox Royalty Corp. will post 0.2 EPS for the current year.

Vox Royalty Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 14th. Shareholders of record on Tuesday, June 30th were given a dividend of $0.015 per share. This represents a $0.06 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date was Tuesday, June 30th. Vox Royalty’s dividend payout ratio (DPR) is presently 14.29%.

Vox Royalty Company Profile

Vox Royalty Corp. is a mining royalty and streaming company that acquires interest in precious and base metal projects around the world. By investing in royalty and metal stream agreements, the company provides non-dilutive financing to exploration and mining operators in exchange for a percentage of production revenue or metal offtake. This model allows Vox Royalty to build a steady cash-flow profile without the operational risks and capital expenditures associated with direct mine ownership.

Since its founding in 2018 and subsequent listing on the TSX Venture Exchange, Vox Royalty has assembled a diversified portfolio of royalty and stream interests covering gold, silver, copper, zinc, nickel and other battery metals.